Jump to content

Tech Giants Invest in New Dreams of Grandeur


RV_

Recommended Posts

The article talks about the fast lane moves being done today, that signal possible future opportunities, other than just my SpaceX and Tesla buy ops.

 

From "The New York Times"

Excerpt:

 

"In the last two weeks, investments from some of the biggest technology companies have raised an important question: Have they gone crazy?

 

The short answer is: Probably not. The reasons show just how big their ambitions have become.

 

First, Qualcomm, which makes semiconductors for smartphones, invested with Richard Branson’s Virgin Group on a constellation of satellites. Google went into orbit too, joining Fidelity on a $1 billion investment in SpaceX, Elon Musk’s private rocketry company. The Internet search company also seemed interested in reselling the wireless assets of established phone companies.

 

Microsoft on Wednesday showed off the latest version of its single most important asset, the Windows operating system, along with some gee-whiz holographic goggles, a device with virtually (pun intended) no market. On Thursday Amazon, an online retailer with a big cloud computing business, said it was buying an Israeli maker of advanced semiconductors for about $350 million.

 

All of this could be ascribed to the kind of behavior often seen in the late stages of a bubble, when some companies have more money than ideas, and it has become hard to tell what anything is worth.

 

“One theory is that Silicon Valley has lost its mind,” said Chris Dixon, a partner at Andreessen Horowitz, a leading venture capital firm. In reality, he says, “They are building something, and large parts of the economy haven’t adapted to it yet.”

While Andreessen Horowitz receives a lot of attention for flashy investments like Facebook and Skype, Mr. Dixon says that 30 percent of his firm’s deals are in now-obscure businesses that will turn out to be important in the new industrial landscape."

 

Much more detail in the article here: http://bits.blogs.nytimes.com/2015/01/25/tech-giants-invest-in-new-dreams-of-grandeur/?emc=edit_tu_20150126&nl=technology&nlid=36852580&_r=0

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Guest
This topic is now closed to further replies.
RVers Online University

campgroundviews.com

Our program provides accurate individual wheel weights for your RV, toad, and tow vehicle, and will help you trim the pounds if you need to.

Dish For My RV.

RV Cable Grip

RV Cable Grip

All the water you need...No matter where you go

Country Thunder Iowa

Nomad Internet

Rv Share

RV Air.

Find out more or sign up for Escapees RV'ers Bootcamp.

Advertise your product or service here.

The Rvers- Now Streaming

RVTravel.com Logo



×
×
  • Create New...